Life relates to trading and trading relates to life. Constantly revealing, unfolding before us as we trade and live, so I write about how my life relates to trading and how I trade the markets. Along the way I share my opinions on anything that evokes my passion or tickles my funny bone trying not to forget that enjoying life is the best part of living.
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*****Thank you to my trading community and readers everywhere. Below is my PlayList for the Wednesday with all the stuffing.* Happy Tday to all .. that is Turkey and Trading .. and have a safe and happy weekend.
Anni
*please note that The content provided herein is not to be construed as recommendations to buy or sell stocks of any kind and it's just for information, education and entertainment purposes.
The VoiceThread below is a place where you can view, listen, make comments, ask questions and share ideas on this video. and don't forget to subscribe to my services currently offering a 2 for 1 special.
Enjoy.
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*****I am amazed about the disconnect this market has with reality or as I call it, actuality. We are daily hitting new highs yet the consumer confidence misses consensus by a large margin. Mid 2000's that miss would have dropped the markets by a large margin, and as we witnessed this morning we did drop initially, yet it was considered to be good for the markets, like all bad news has been these past 4 years, especially this one.
We can continue to compare the past with the present as to how the markets reacted in the mid 2000s to good news vs. bad, but what's the use in that? Well, we can learn from it by noticing that all those dips and slides eventually became gains anyway; which means that the majority saw opportunity or what I call possibility. So here we are, in the actuality and we can envy those optimist or we can learn from them; they did not get here because of a special crystal ball, but by knowing that the markets in the long term go up and not down. They had to have patience and also had to disregard the reality of a recession, and burst of the housing bubble and have infinite great timing. Do you believe that or will you see that they too have an amazing disconnect from reality.
The truth is that in the mid 2000's the market had an amazing disconnect from actuality also. Low unemployment was bad news because the media said so, consumer confidence had to be beaten each time or markets plummeted and when the manufacturing index was not gaining by much higher margin than we currently accept as great; also, the housing market and starts were not fast enough for some. Get the picture?
We can always believe the numbers and what others say currently or we can stay a bit disconnected from the hype and look beyond to see the possibilities. We have no worries, the debt is not rising and it will not hit us smack in the face anytime soon because the Fed. will protect us from that reality. Right? Besides, hopefully the "boomers" will die soon enough leaving their offspring rich to take care of it all for their children, and so on. As you can see, if we continue seeing actuality, we'll go terrible depressed or go insane, so perhaps staying a bit disconnected from actuality is good and maybe even amazing for us.
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*****This week is traditionally a slow one in USA when it comes to trading, but what I'm seeing is further enthusiasm among traders and perhaps shoppers as well. I think we all like to count our blessings when we assess everything in our lives. Even if our lives are in turmoil and maybe not all our wishes have become reality, we all look forward with hope to reach that next possibility on the horizon.
Certainly the markets have shown that many have done just that this year. The danger perhaps with some is that temptation to look back and wish to have done better and become overly anxious to make that next trade the home run into the end of the year. It's what I tend to caution against in all my writings because we always do the best we can at the time of our actions. So I'd like to remind us all that trading is a marathon, and not a sprint. Second guessing ourselves is not being kind to ourselves, instead give thanks to yourself and appreciate all you have achieved. Then, give thanks to those who have been your cheerleaders and guides along the way. We all have them.
So, with that, I wish to thank you all; all who have taken the time to read these articles that I've been writing, all who have listened to my outlooks and opinions. I thank you for your patience and faith in all that you do, because you have also been my guides and cheerleaders this year. Wishing you all a happy and safe Thanksgiving Day.